New and Used Car Talk Reviews Hot Cars Comparison Automotive Community

The Largest Car Forum in the Philippines

Page 2 of 2 FirstFirst 12
Results 11 to 13 of 13
  1. Join Date
    Jun 2007
    Posts
    814
    #11
    Quote Originally Posted by fourtheboys96 View Post
    ok tnx!!!

    wala naman tax yung plano kong paglagyan pero maliit pa din ang kita. pero ok na din kasi safe naman. dun muna ako sa safe bago mag explore ng iba pa.
    hmm. it's mandatory for banks to deduct 20% of the total interest for tax. so i'm wondering what bank is giving a 6% interest tax-free time-deposits.

  2. Join Date
    Feb 2008
    Posts
    14,181
    #12
    If the deposit is 5 years or longer its tax free... However, 6% for 5 years lock period is suicide. Sa inflation pa lang patay na patay ka na...

  3. Join Date
    Apr 2008
    Posts
    71
    #13
    Buhayin ko lang ito ha. based on BPI regular TD for 100k, which is better, 35 days (1.375%) or 365 days (1.875%)? paano ba na co-compute ang mga ito?

Page 2 of 2 FirstFirst 12
please explain how time deposit works?